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LATEST NEWS

Damac chosen for USD1 billion historic port transformation of Oman’s waterfront tourist development

22/06/2017
Mina Sultan Qaboos Waterfront’ is being redeveloped into a USD1 billion integrated tourist port and lifestyle destination that includes hotels, residences, as well as a dining, retail and leisure offering.

Azizi begins site preparation for Dh1.7 bn community project in Meydan One

20/06/2017
The first phase of the project, comprising 18 mid-rise residential buildings, will feature 2,273 units and a mega integrated retail district surrounded by lush greenery in Meydan One.

Airolink starts construction of Dh275 million Brighton College and Dwight School project in Dubai

20/06/2017
The campus will be of G+3 floor height and will be spread across a large area to allow ample car parking, landscaping and greenery. The schools will also offer extensive sports facilities, including tennis and squash courts, and a full soccer pitch with a 400-metre running track.

Dodsal Group signs US$ 1.1bn gas-oil separation plant project in Algeria

19/06/2017
The work, which includes detailed engineering, procurement, construction and commissioning of the plant, will begin shortly and is scheduled to be completed in 2020.

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Majid Al Futtaim starts construction of Dh2.6bn shopping mall in Sharjah
Majid Al Futtaim, the region’s leading property and shopping mall developer, broke ground on the US$708 million (Dh2.6 billion) shopping mall City Centre Al Zahia in Sharjah. It will be the company’s largest mall within the UAE’s third-largest emirate – Sharjah. Once complete in 2020, City Centre Al Zahia will be a valuable addition to the developer’s growing City Centre brand portfolio. Read More...
Nakheel reports Q1 2017 net profit of Dh1.48 billion
Dubai property developer Nakheel reported a net profit of Dh1.48 billion for the first quarter of 2017 – a time when it handed over 412 land and built form units to customers, with its retail, hospitality and residential leasing businesses continuing to perform solidly. Read More...
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